The PC Financial World Elite Mastercard is a fine choice for people who frequently shop at Loblaw’s brands, but otherwise has limited appeal.
The card currently has a welcome bonus of 100,000 PC Optimum points upon making their first purchase at a store that participates in the PC Optimum program.
If you’re interested in the card, now would be a great time to apply. The card typically only runs a welcome bonus for a short period of time, and this offer is live until May 6, 2021.
The card has no annual fee.
The card has category bonuses for shopping at specific stores:
While these rates cover a wide range of categories, they only apply at these particular merchants. So while the card may appear to have strong earning rates, it only benefits cardholders who already shop at those stores, or are willing to change their shopping habits.
PC Optimum points have a value of 0.1 cents per point, with occasional 50% bonus redemption events. Points can be redeemed at PC Optimum’s partner grocery stores and drugstores.
The card has a modest insurance package, including emergency medical insurance for trips up t0 10 days, and standard extended warranty and purchase protection.
However, it doesn’t offer the specific provisions that are important to travellers, and the coverage it does provide can also be found on many other cards.